325

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EU Gender budgeting: where do we stand?

28-10-2020

Gender budgeting has a fundamental impact on inclusive and economic growth, fostering employment, reducing poverty, addressing ageing population and increasing Gross Domestic Product (GDP). According to the study of the European Institute for Gender Equality (EIGE), the estimated impact of improved gender equality varies considerably across member states from 4% to 12% of GDP, depending on the present level of achievement of gender equality.

Gender budgeting has a fundamental impact on inclusive and economic growth, fostering employment, reducing poverty, addressing ageing population and increasing Gross Domestic Product (GDP). According to the study of the European Institute for Gender Equality (EIGE), the estimated impact of improved gender equality varies considerably across member states from 4% to 12% of GDP, depending on the present level of achievement of gender equality.

Improving the quality of public spending in Europe - Budgetary waste rates in EU Member States

27-10-2020

The aim of this joint project by the European Added Value and Budget units of DG EPRS is to establish whether and under what circumstances budgetary benefits and cost savings can be realised by Member States through funding policies and programmes with EU added value at EU level instead of at MS level, and measure the scale of such benefits and savings. On the one hand, higher EU added value can be achieved through additional provision of public goods, efficiency gains, and lower administrative costs ...

The aim of this joint project by the European Added Value and Budget units of DG EPRS is to establish whether and under what circumstances budgetary benefits and cost savings can be realised by Member States through funding policies and programmes with EU added value at EU level instead of at MS level, and measure the scale of such benefits and savings. On the one hand, higher EU added value can be achieved through additional provision of public goods, efficiency gains, and lower administrative costs delivered by the EU budget. In parallel, this can also result in positive spillovers and additional saving for the national budgets. Failure to take advantage of these benefits or of these potential savings can thus lead to a de-facto wasted budgetary resources. The study looks into detail at these issues and provide a comprehensive methodology to arrive at a robust estimation of the level of budgetary waste by Member States.

Inanspruchnahme des Europäischen Fonds für die Anpassung an die Globalisierung – Schiffsbaunebenwirtschaftszweige in Spanien

14-10-2020

Schiffsbauebenwirtschaftszweigen in Galicien (Spanien) aufgrund der finanziellen Schwierigkeiten von zwei Werften in der Region 2 054 400 EUR des Europäischen Fonds für die Anpassung an die Globalisierung (EGF) in Anspruch zu nehmen. Der Haushaltsausschuss des Europäischen Parlaments unterstützt den Vorschlag und erklärt erneut, dass die Unterstützung aus dem EGF nicht an die Stelle von Maßnahmen treten darf, die die Unternehmen aufgrund des nationalen Rechts oder wegen Kollektivvereinbarungen ergreifen ...

Schiffsbauebenwirtschaftszweigen in Galicien (Spanien) aufgrund der finanziellen Schwierigkeiten von zwei Werften in der Region 2 054 400 EUR des Europäischen Fonds für die Anpassung an die Globalisierung (EGF) in Anspruch zu nehmen. Der Haushaltsausschuss des Europäischen Parlaments unterstützt den Vorschlag und erklärt erneut, dass die Unterstützung aus dem EGF nicht an die Stelle von Maßnahmen treten darf, die die Unternehmen aufgrund des nationalen Rechts oder wegen Kollektivvereinbarungen ergreifen müssen. Das Parlament wird voraussichtlich im Rahmen der Plenartagung Oktober II über diesen Vorschlag abstimmen.

Financial management of the future CAP

14-10-2020

In the context of the future EU multiannual budget, the European Commission put forward a proposal on the financing, management and monitoring of EU farm policy on 1 June 2018, as part of a CAP reform package of three legislative proposals. Since then, discussions have highlighted the need to maintain at least the current level of agricultural expenditure, as well as to simplify the procedures while adapting them to the future CAP delivery model. The CAP proposals are scheduled for debate and vote ...

In the context of the future EU multiannual budget, the European Commission put forward a proposal on the financing, management and monitoring of EU farm policy on 1 June 2018, as part of a CAP reform package of three legislative proposals. Since then, discussions have highlighted the need to maintain at least the current level of agricultural expenditure, as well as to simplify the procedures while adapting them to the future CAP delivery model. The CAP proposals are scheduled for debate and vote during the October II plenary session.

European Maritime and Fisheries Fund 2021-2027

06-10-2020

As part of the next EU budget framework for the 2021-2027 period, the European Commission proposed a new regulation on the European Maritime and Fisheries Fund (EMFF) in order to continue the support to the common fisheries policy and the integrated maritime policy. The new fund would give the Member States more flexibility in the implementation of the priorities. Small-scale coastal fisheries and outermost regions would receive greater preferential treatment. Support for permanent cessation and ...

As part of the next EU budget framework for the 2021-2027 period, the European Commission proposed a new regulation on the European Maritime and Fisheries Fund (EMFF) in order to continue the support to the common fisheries policy and the integrated maritime policy. The new fund would give the Member States more flexibility in the implementation of the priorities. Small-scale coastal fisheries and outermost regions would receive greater preferential treatment. Support for permanent cessation and temporary cessation would be supported under strict conditions. It further proposes increased support for international ocean governance and stronger synergies with other EU policies. The fund is also expected to contribute to the development of the blue economy and support the EU's climate objectives. In reaction to the coronavirus crisis, the Commission published in May 2020 a revised multiannual financial framework proposal, significantly reducing the budget cut for the EMFF as compared to its initial proposal. Both Parliament and Council have agreed positions on the proposal, and trilogue negotiations started in November 2019. An important area of discussion is subsidies to fishing vessels, on which both co-legislators want to go further than the Commission proposal. The next trilogue meeting is scheduled for 29 October 2020. Fourth edition. The 'EU Legislation in Progress' briefings are updated at key stages throughout the legislative procedure

Own resources of the European Union: Reforming the EU's financing system

06-10-2020

In July 2020, the European Council reached political agreement on the reform of the own resources system that finances the EU budget, in the context of a package including the new multiannual financial framework (MFF) and the Next Generation EU (NGEU) recovery instrument. The agreed increase in the maximum level of resources that can be called from Member States is a pre-condition for NGEU borrowing operations. The Council’s adoption of the own resources decision, translating the deal on the revenue ...

In July 2020, the European Council reached political agreement on the reform of the own resources system that finances the EU budget, in the context of a package including the new multiannual financial framework (MFF) and the Next Generation EU (NGEU) recovery instrument. The agreed increase in the maximum level of resources that can be called from Member States is a pre-condition for NGEU borrowing operations. The Council’s adoption of the own resources decision, translating the deal on the revenue side of the EU budget into a legal text, must be preceded by Parliament’s legislative opinion and followed by the ratification of the decision by all Member States. Parliament fast-tracked its legislative opinion, adopted in September 2020, to enable the Council to ensure the timely launch of NGEU. Parliament has repeatedly stressed that it will not give its consent to the MFF without proper reform of the financing system, and negotiations continue on the rest of the package. Notably, Parliament underlines that the introduction of a basket of new own resources should cover at least the repayment costs of NGEU. Deeming the new plastics contribution a first partial step in this direction, Parliament intends to negotiate a legally binding calendar on the introduction of five additional new own resources, linked to EU policies on climate and the single market. Second edition. The 'EU Legislation in Progress' briefings are updated at key stages throughout the legislative procedure.

Solvency Support Instrument

06-10-2020

In May 2020, the European Commission adopted a proposal on a Solvency Support Instrument. The aim is to support otherwise viable companies in the Union that face solvency difficulties as a result of the coronavirus crisis, and to mitigate possible distortions to the single market and its level playing field. Such distortions are to be expected given the differing degree to which the Member States are affected and the likely unevenness of their responses, which may depend on their fiscal capacity ...

In May 2020, the European Commission adopted a proposal on a Solvency Support Instrument. The aim is to support otherwise viable companies in the Union that face solvency difficulties as a result of the coronavirus crisis, and to mitigate possible distortions to the single market and its level playing field. Such distortions are to be expected given the differing degree to which the Member States are affected and the likely unevenness of their responses, which may depend on their fiscal capacity and level of debt. The Commission proposes to increase the guarantee provided to the European Investment Bank under the European Fund for Strategic Investments and to use it to support financial intermediaries, which will then select companies eligible for solvency help. At the European Council meeting in July 2020, EU Heads of State or Government did not take up the idea of the solvency support instrument. Both the European Parliament and Commission President, Ursula von der Leyen, have expressed regret at this. Continuing the examination of the proposal in Parliament, the co-rapporteurs have published a draft report in which they propose to widen the scope of eligible companies and ensure fair geographical distribution.

Amending Budget No 8/2020: Covering the financing needs of the Emergency Support Instrument and Coronavirus Response Investment Initiative Plus

11-09-2020

Draft Amending Budget No 8/2020 (DAB 8/2020) aims to provide additional payments of €6.2 billion in 2020. Of this amount, €1.1 billion is needed for the financing of actions contributing to the deployment of an effective and safe vaccine against Covid-19, assumed under the Emergency Support Instrument (ESI). Cohesion funds will be reinforced with €5.1 billion to ensure that a sufficient amount of payments is available to cover the Member States’ reimbursement requests for actions taken under the ...

Draft Amending Budget No 8/2020 (DAB 8/2020) aims to provide additional payments of €6.2 billion in 2020. Of this amount, €1.1 billion is needed for the financing of actions contributing to the deployment of an effective and safe vaccine against Covid-19, assumed under the Emergency Support Instrument (ESI). Cohesion funds will be reinforced with €5.1 billion to ensure that a sufficient amount of payments is available to cover the Member States’ reimbursement requests for actions taken under the Coronavirus Response Investment Initiative Plus (CRII+). The European Parliament is expected to vote, under the urgent procedure, on the Council position on DAB 8/2020 during the September plenary session.

Opinion on the EU own resources system

10-09-2020

Following the European Council’s July political agreement on the EU’s financing system, the European Parliament is expected to vote its legislative opinion on the reform during its September plenary part-session, with a view to expediting the launch of the borrowing operations of Next Generation EU. The report adopted on 1 September by the Committee on Budgets stresses that new own resources must be introduced, and finance at least the entire repayment costs of the recovery instrument. Parliament ...

Following the European Council’s July political agreement on the EU’s financing system, the European Parliament is expected to vote its legislative opinion on the reform during its September plenary part-session, with a view to expediting the launch of the borrowing operations of Next Generation EU. The report adopted on 1 September by the Committee on Budgets stresses that new own resources must be introduced, and finance at least the entire repayment costs of the recovery instrument. Parliament intends to negotiate a legally binding calendar to this end.

EU budget and recovery fund: Is it a done deal? [What Think Tanks are thinking]

29-07-2020

After nearly five days of tough negotiations, the European Council agreed on the EU’s next seven-year budget, the Multiannual Financial Framework (MFF), worth more than one trillion euros from 2021 to 2027, and crucially, on an additional 750-billion euro fund to help countries recover from the economic downturn caused by the coronavirus pandemic. Many politicians and analysts have hailed the agreement on the recovery fund in particular as an ‘historic moment’. For the first time, some EU debt will ...

After nearly five days of tough negotiations, the European Council agreed on the EU’s next seven-year budget, the Multiannual Financial Framework (MFF), worth more than one trillion euros from 2021 to 2027, and crucially, on an additional 750-billion euro fund to help countries recover from the economic downturn caused by the coronavirus pandemic. Many politicians and analysts have hailed the agreement on the recovery fund in particular as an ‘historic moment’. For the first time, some EU debt will be mutualised and the EU will tap financial markets on a significant scale to secure funds, which will be disbursed in the form of grants and loans. The European Parliament - which must approve these spending plans - welcomed the fund but criticised the lack of parliamentary scrutiny in its implementation as well as some of the cuts leaders made in spending on innovation and the climate as compared to the European Commission’s MFF proposals and the Parliament’s own demands, and regretted the weakened link between budget spending and the rule of law. This note offers links to first reactions from international think tanks on the budget deal. Earlier publications on financing the EU can be found in a previous item in this series, published by EPRS on 8 June 2020.

Anstehende Veranstaltungen

28-10-2020
Climate Change and Health
Workshop -
ENVI
28-10-2020
Public Hearing "Women and digitalisation"
Anhörung -
FEMM AIDA
28-10-2020
Worskhop on the Rights of Persons with Disabilities
Workshop -
PETI

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